Be wary of Big Tech’s increasing reach into financial services, says Agustín Carstens, general manager for the Bank of International Settlements (BIS). In a speech...
Time is of the essence, as banks grapple with the looming threat of central bank digital currencies (CBDCs). In other words, perhaps, the more time,...
For central bank digital currencies (CBDCs), time is of the essence. Literally. Just a few weeks after the Bank of International Settlements (BIS) urged central...
The head of the Bank for International Settlements’ Innovation Hub has a message for the world’s central banks: get on the digital currency train or...
A new BIS paper reported that big tech’s power could be a cause for concern. This comes from the way that the companies can overcome...
For central bank digital currencies to reach their full potential, banks must look beyond domestic use — and examine CBDCs’ risks and rewards for cross-border...
In today’s top news, Google Pay’s Caesar Sengupta plans to step down in April, and Visa will raise its interchange fees on transactions between the...
About 10,000 Cubans have turned to bitcoin and altcoins, including ethereum and dogecoin, to skirt around U.S. sanctions, according to a report from Deutsche Welle’s...
Beyond bitcoin – that marquee name of crypto and its brethren, which have yet to escape wild price swings and speculative fervor – lies the...